Latest News on Mindtree
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Mindtree - Total results - 72
Feb 15, 2019
I-T Department releases Coffee Day's Mindtree shares; attaches VG Siddhartha's partial stake in coffee ventureLast month, Income Tax Department had attached 74.90 lakh shares of Mindtree, in which 22.20 lakh shares belonged to Coffee Day Enterprises and 52.70 lakh shares belonged to its promoter Siddhartha.
Jan 28, 2019
Coffee Day Enterprises founder VG Siddhartha may offer alternative security to release attached Mindtree sharesThe I-T department has attached a portion of shares held by Siddhartha and Coffee Day Enterprises Ltd in IT firm Mindtree over a potential tax demand.
Jan 21, 2019
Coffee Day founder VG Siddhartha in talks to sell stake in Mindtree; L&T Infotech may close the dealSiddhartha is the single largest shareholder in the mid-size IT services headquartered in Bengaluru
Jan 17, 2019
Mindtree posts 35% rise in net profit to Rs 191.2 cr in December quarter; forecasts stronger Q4 growthAccording to reports, one of Mindtree's largest investors and Cafe Coffee Day (CCD) founder, V G Siddhartha, and two of his firms are expected to sell their stakes.
Dec 25, 2018
IT industry to infuse big buck in automation, AI in 2019; faces threats from data curbs, rising protectionismThe IT industry body has projected exports to grow at 7-9 percent for 2018-19, almost same as the previous fiscal, but domestic revenue may grow faster at 10-12 percent.
Dec 24, 2018
TCS, Wipro, IBM, 3 others shortlisted by Reserve Bank of India for setting up Public Credit RegistryThe Public Credit Registry would be the single point of mandatory reporting for all material events for each loan, notwithstanding any threshold in the loan amount or type of borrower.
Nov 20, 2018
Mindtree partners with IISc to boost funding in artificial intelligence researchThe partnership includes industry exposure for students & an endowment fund for IISc faculty.
Oct 19, 2018
Mindtree shares slump 18% to Rs 806 post-Q2 results on cautious business outlookTrading sentiment in Mindtree were hit as the company maintained a cautious business outlook amid volatile macroeconomic scenario across the world.
Jul 19, 2018
Sensex trades flat at 36,373, Nifty turns volatile; midcap stocks crack; Re slips 12 paiseSensex was trading flat at 36,373.23 after beginning the session 142.14 points higher. The index had lost 146.52 points in the previous session. All sectoral indices were trading in the red.
Apr 25, 2018
H-1B visa approvals for seven top Indian IT firms have dropped a whopping 43 percentThe drop in H-1B visas for Indian-based companies is due to industry trends toward digital services such as cloud computing and artificial intelligence, which require fewer workers, and a choice by companies to rely less on visas and to build up their domestic workforces in the United States.